EUR/USD - The correction since the 1.2640 low is still ongoing and we could see a test of 1.2852, before green wave iv is done a the next decline in green wave v sets in for a decline towards 1.2855.
USD/JPY - Is set to break above critical resistance at 79.45 and a close above here will be the first indication that we have seen a bottom at 78.96. However we need a break above 80.55 to confirm the bottom and that a new impulsive wave 3 rally is under way.
VIX Index - Closed inside the Bollinger Band, which indicates that a correction towards support near 20.00 is under way, however after the minor correction a new rally above 24.44 should be seen towards at least 26.86 and more likely 30.91.
Dow Jones Industrial - Wave 1 or A ended at 12.337 and we should now see a correction in wave 2 or B towards the 12,837 - 13,049 area before the next decline in wave 3 or C down sets in.
